Mad Money

Cramer's lightning round: I think Macy's can go higher

Key Points
  • It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.

Decarbonization Plus Acquisition Corporation III: "I don't like these [special purpose acquisition companies]. It's time for them to stop. Ford is involved with one that we had last week, and I like that, but I'm not going to just sit here and recommend the SPACs anymore. It just hurts too many people, and people should stop filing them."

Macy's: "I like Macy's very much, but it's not a high flyer. It's just that [CEO] Jeff Gennette is just doing a very, very good job. He's doing actually a phenomenal job and if we get anywhere near the immunization we should have, that stock goes to $30. I just feel like it's had a nice move, but it's not over."

Noodles & Company: "I know it's been around. Maybe it's making a comeback, but it's been two steps forward, two steps back. I'm not going there."

Chewy: "It has fallen out of favor, Chewy. It has fallen out of favor as people realize, you know what, Amazon is just not going to let them do anymore. I happen to think they offer specialized treatment, and it's a good stock. I'm not going to back away from Chewy."

ChargePoint: It's out of favor. We did a piece recently about how we had to be very careful. Again, the SPACs, the EVs, these are companies that have hurt too many people. You can own it strictly as a speculation, nothing else."

Caterpillar: "For the investment club, we're not interested in Caterpillar here. We're Nucor, and I think Nucor is a better way to be able to, if you want to invest in infrastructure, it's going to be Nucor. That's the one you want to be in. I like Caterpillar, though."

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Cramer's lightning round: I think Macy's can go higher
Cramer's lightning round: I think Macy's can go higher


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